Enterprise Report Management Best Practices in Enterprise

Enterprise Report Management

Best Practices in Enterprise Report Management:

Key Insights for Businesses and Their Information Strategies

Description

Enterprises are faced with the daunting challenges of being increasingly responsive to their customers, staying in compliance with regulatory agencies and laws, while also reducing the costs of managing their Information technologies (IT) budgets. One of the major impediments of being able to accomplish these three potentially conflicting objectives is the desperate, non-integrated nature of Enterprise Records Management (ERM) systems throughout their enterprises. Integrating ERM systems into a unified Enterprise Content Management (ECM) platform and framework has been shown to significantly increase customer service and profitability levels in companies investing in these technologies (Blair, 2004). Unifying disparate, siloed ERM systems together and migrating their document and digital content into a single system of record within an ECM platform is a lucrative service business for many system integrators. The Xenos Group, a leading IBM system integrator, has partnered with IBM, reselling and ECM systems along with their DETAIL (Discover, Extract, Transform, Audit, Index, Lead) methodology. The following video YouTube titled Enterprise Report Management (ERM) Consolidation through Document Archive Migration http://youtu.be/AEjnDvYTp0Y (on YouTube) explains the unique value proposition of the DETAIL methodology and the underlying integration and migration concepts of consolidating ERM systems into a single system of record in an IBM OnDemand, FileNet Image Services or FileNet P8 platforms.

Learning Objectives

Enterprises are facing challenges and levels of uncertainty never before seen in their industries, and adding in the need for greater levels of compliance to state and federal mandates including Sarbanes-Oxley (SOX) reporting in the U.S., no company has the luxury of having an incomplete view of their total operations. The video produced by the Xenos Group provides several useful insights with regard to integrating ERM systems into a single system of record, migrating document and digital content. Learning objectives which will be attained from watching the Xenos Group video include the following:

1. To understand the fundamental concepts, concerns and frameworks of integrating legacy, often siloed ERM systems into a consolidated ECM system that is capable fo quickly contributing to a company's profitability.

2. Determine how a Return on Investment (ROI) made in consolidating ERM systems enterprise-wide into an IBM-based ECM platform can be achieved within six to 15 months.

3. Learn how system integrators including Xenos Group and their DETAIL (Discover, Extract, Transform, Audit, Index, Lead) methodology deliver significantly greater value to enterprises unifying their ERM systems than the effects of the software alone.

4. Gain insight into how consolidated ERM systems deliver quantum increases in customer service performance based on a single system of record (Grigsby, 2000), greater levels of compliance (Puccinelli, 2000) and a higher ROI based on investment in these solutions (Porter-Roth, 2005).

Analysis and Discussion of Video